Shares of Qualcomm Inc. QCOM, +0.54% slid 2.77% to $132.24 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -0.92% falling 1.15% to 3,854.43 and Dow Jones Industrial Average DJIA, -0.62% falling 0.52% to 31,173.84. The stock’s fall snapped a four-day winning streak. Qualcomm Inc. closed $61.34 short of its 52-week high ($193.58), which the company reached on January 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Alphabet Inc. Cl A GOOGL, -1.43% fell 3.08% to $2,313.53, NVIDIA Corp. NVDA, -0.46% fell 4.33% to $151.52, and Cisco Systems Inc. CSCO, -0.90% fell 0.32% to $43.25. Trading volume (5.9 M) remained 4.7 million below its 50-day average volume of 10.6 M.